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Oil edges higher but Goldman Sachs touts the downside

Discussion in 'Market News' started by ForexLive, Oct 8, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    WTI crude up $40 cents to $48.22 today Goldman Sachs is out with a well-publicized negative note today. "We continue to view the oil market as oversupplied and with low prices required to achieve the sufficient rebalancing in 2016," they wrote today.

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